Blockchains: Smart Contracts and Media-Driven Crypto Currencies
Blockchains, the technology behind bitcoins is shifting the way value is being transacted online. Governments are turning to it to implement more transparent voting systems, 80% of banks are adapting their backend protocols to integrate blockchains and now, the digital media industry is about to be profoundly impacted by it. How can blockchain be used to go from a re-distribution of value to a pre-distribution of value in content creation? How can contracts between distributors, artists and producers become smarter? How will social media platform start paying for content based on its popularity?